The Recession’s Silver Lining
It’s time for some good news, don’t you think? Here’s how the current economic situation is maybe―just maybe―changing your life for the better.
2. You’re rethinking your career. Getting laid off is scary, but career advisers say many of their clients are finding this is just the kick in the pants they need to try a new industry, take a class, or start a business. Indeed, a forced career change can be a good thing. Harry S Truman jumped into politics after the clothing store he ran went bankrupt.
3. You’re saving more and spending less. People are learning to live within their means and are now putting away about 4 percent of their income, compared with basically nothing just a year ago.
4. You’re shopping smarter and greener. Consumers are buying less and opting for used and recycled goods more often. Resale-store sales are up about 34 percent over last year.
5. And―surprise―some industries are booming. It seems people are escaping the grim news with books and movies. Amazon.com sales were up 18 percent in the first quarter of 2009, and Netflix gained 25 percent more subscribers in the past year.